Air Purifier Market Size to reach $12410 Million by 2027 | Valuates Reports

The global Air Purifier market size is projected to reach US$ 12410 million by 2027, from US$ 9402.5 million in 2020, at a CAGR of 4.0% during 2021-2027.

An air purifier or air cleaner is a device which removes contaminants from the air in a room. These devices are commonly marketed as being beneficial to allergy sufferers and asthmatics, and at reducing or eliminating second-hand tobacco smoke. The commercially graded air purifiers are manufactured as either small stand-alone units or larger units that can be affixed to an air handler unit (AHU) or to an HVAC unit found in the medical, industrial, and commercial industries. Air purifiers may also be used in industry to remove impurities such as CO2 from air before processing. Pressure swing adsorbers or other adsorption techniques are typically used for this.

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North America holds the significant market share, owing to greater disposable income, massive industrialization, environmental protection laws and increased awareness to curb pollution. However, the Asia-Pacific region dominated by China, India, and South Korea which have the negligible presence of air purifiers are projected to experience fastest growth prospects over the forecast period. Growing awareness due to stringent government regulations to curb pollution levels and the health risks associated with infection along with increased urbanization and industrialization is expected to drive demand.

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Air Purifiers Market by Type

o HEPA
o Activated Carbon
o Static Electricity
o Ion and Ozone Generator
o Others

Air Purifiers Market by Application

o Residential
o Commercial
o Others

Major Players in the Air Purifiers Market

o Sharp
o Philips
o Panasonic
o Daikin
o Honeywell
o Coway
o Xiao Mi
o Electrolux
o Whirlpool
o YADU
o Midea
o Blueair
o Lexy
o Samsung
o Austin
o Beiangtech

Production by Region

o North America
o Europe
o China
o Japan

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This release was published on openPR.